Showing 1 - 10 of 17
Mideast conflict threatens Thai growth
Business, Somruedi Banchongduang, Published on 21/03/2026
» The Bank of Thailand is warning the war in the Middle East could weigh on Thailand's economy across multiple fronts, potentially dragging GDP growth below its 2% forecast for this year.
The effort to clamp down on scams
Business, Somruedi Banchongduang, Published on 19/09/2024
» Wiroj Lakkhanaadisorn, a People's Party list MP, recently slammed the Bank of Thailand governor for his slow action in tackling rampant call centre scams.
Older banknotes pushed for occasions
Business, Somruedi Banchongduang, Published on 25/06/2024
» The Bank of Thailand has requested consumers use banknotes that are already in circulation to mark special occasions rather than demanding newly printed ones to allow for the longer time frame that banknotes are now in circulation.
Coalition delays seen as threat to growth
Business, Somruedi Banchongduang, Published on 08/06/2023
» The private sector is concerned that Thai GDP growth could decline to 1-2% if the formation of the new government is delayed from the timeline by six months or more.
Higher prices won't affect the macro economy: BoT
Business, Somruedi Banchongduang, Published on 12/01/2022
» The Bank of Thailand is concerned with higher prices for living costs, but not in terms of overall price stability, says the central bank governor.
Listed banks post net profit decline of 23% for 2020
Business, Somruedi Banchongduang, Published on 22/01/2021
» Large SET-listed commercial banks posted a decline of more than 23% in net profits last year, mainly attributed to allocation of higher amounts of expected credit losses (ECLs) to cushion against rising uncertainties amid the pandemic crisis.
TBA puts losses from coronavirus at B1.3tn
Business, Somruedi Banchongduang, Published on 15/04/2020
» The economy could suffer a record blow of 1.3 trillion baht in damage from the spiralling spread of the coronavirus, according to preliminary estimates by the Thai Bankers' Association (TBA).
Krungsri Research lowers growth to 1.5%
Business, Somruedi Banchongduang, Published on 25/02/2020
» Bank of Ayudhya's (BAY) research house Krungsri Research has lowered its forecast for economic growth this year to 1.5% from 2.5% because of the damage from the Covid-19 outbreak, the delayed fiscal budget and the drought.
TMB cites triple whammy to GDP
Business, Somruedi Banchongduang, Published on 06/02/2020
» The coronavirus epidemic, the delayed fiscal budget and the ongoing drought are estimated to shave nearly 280 billion baht off GDP, taking economic growth down to a range of 1.7-2.1%, according to TMB Analytics.
Adisorn officially made CIMBT head
Business, Somruedi Banchongduang, Published on 22/10/2019
» CIMB Group has appointed Adisorn Sermchaiwong as president and chief executive at CIMB Thai Bank (CIMBT) to replace Kittiphun Anutarasoti, whose contract expired.